For each of the following notes receivables held by Rogers Company determine the interest revenue to be reported on the income statements for 2011 and 2012. Round answers to nearest whole dollar.
Definitions:
Country of Origin
Refers to the country where a product is manufactured or where a service is provided, often used to indicate quality, style, or prestige.
Economic Immigration
The migration of individuals to a new country based on the primary purpose of finding employment or economic opportunities.
International Migrants
Individuals who have moved to a different country from their place of origin or citizenship for reasons such as work, education, or escape from conflict or persecution, contributing to globalization and cultural exchange.
Proximity
The state of being near or close to something, often referring to geographic closeness or the closeness in a relationship or similarity in features.
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